Viant Technology Q1 2024 Adj EPS $0.02 Beats $(0.07) Estimate, Sales $53.393M Beat $50.831M Estimate
Portfolio Pulse from Benzinga Newsdesk
Viant Technology (NASDAQ:DSP) reported Q1 2024 earnings of $0.02 per share, surpassing the $(0.07) estimate, with sales of $53.393M beating the $50.831M forecast. This represents a significant improvement over the previous year's losses and sales figures.
April 30, 2024 | 9:07 pm
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POSITIVE IMPACT
Viant Technology reported a notable improvement in Q1 2024 earnings and sales, beating estimates and showing strong year-over-year growth.
Beating both earnings and sales estimates significantly, especially moving from a loss to a profit year-over-year, is a strong positive signal for investors. This performance could lead to increased investor confidence and a potential rise in stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100